ServiceNow (NYSE: NOW) officer logs RSU vesting and tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ServiceNow, Inc. executive Kevin Thomas McBride reported multiple equity transactions tied to restricted stock units on February 13, 2026. He acquired shares of common stock through exercises/conversions of RSUs and relinquished 103 and 714 common shares at $107.08 per share to cover tax withholding. Following these transactions, he directly held 28,010 shares of ServiceNow common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,513 shares exercised/converted
Mixed
6 txns
Insider
McBride Kevin Thomas
Role
Former Principal Acctg Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 315 | $0.00 | -- |
| Exercise | Restricted Stock Units | 2,198 | $0.00 | -- |
| Exercise | Common Stock | 315 | $0.00 | -- |
| Tax Withholding | Common Stock | 103 | $107.08 | $11K |
| Exercise | Common Stock | 2,198 | $0.00 | -- |
| Tax Withholding | Common Stock | 714 | $107.08 | $76K |
Holdings After Transaction:
Restricted Stock Units — 2,510 shares (Direct);
Common Stock — 26,629 shares (Direct)
Footnotes (1)
- Represents shares relinquished by the Reporting Person in exchange for the Issuer's payment of federal and state tax withholding obligations of the Reporting Person resulting from the vesting of RSUs, in accordance with Rule 16b-3. Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock. The restricted stock units vest as to 1/12th of the total shares quarterly, with the first vesting having occurred on May 15, 2025, and subject to the Reporting Person's continued service to the Issuer on each vesting date. Acquired upon achievement of certain performance criteria pursuant to the performance-based RSUs granted February 18, 2025, as determined by the Compensation Committee on February 9, 2026. Shares subject to the RSUs will vest as follows: 33.33% on February 15, 2026, 16.66% on August 15, 2026, 16.67% on February 15, 2027, 16.67% on August 15, 2027, and 16.67% on February 15, 2028, provided the reporting person is employed by or is providing services to the Issuer on each applicable vesting date.
FAQ
What did ServiceNow (NOW) officer Kevin Thomas McBride report in this Form 4?
Kevin Thomas McBride reported RSU-related equity transactions for ServiceNow. He exercised or converted restricted stock units into common shares and surrendered a portion of those shares to cover federal and state tax withholding obligations associated with RSU vesting.
What type of equity awards are involved in Kevin Thomas McBride’s ServiceNow Form 4?
The filing involves restricted stock units and performance-based RSUs at ServiceNow. Each restricted stock unit represents a contingent right to receive one share of common stock, with vesting based on time or specified performance criteria, as determined by the company’s compensation committee.
What is the vesting schedule for Kevin Thomas McBride’s time-based ServiceNow RSUs?
The time-based restricted stock units vest as to one-twelfth of the total shares quarterly. The first vesting occurred on May 15, 2025, and future vesting requires Kevin Thomas McBride’s continued service to ServiceNow on each applicable vesting date.
How do Kevin Thomas McBride’s performance-based RSUs at ServiceNow vest over time?
Performance-based RSUs were acquired after meeting performance criteria set on February 18, 2025. Shares vest 33.33% on February 15, 2026, then 16.66% on August 15, 2026, and 16.67% on February 15, 2027, August 15, 2027, and February 15, 2028, subject to continued service.